Binance is the world’s largest crypto exchange by a huge margin.
It has achieved consistent growth since its founding in 2017, but its increasing dominance has been striking to watch since 2020, when it held around 25% of spot volume market share.
Its market share approached 50% at the tail end of the 2021 bull market before retreating and again expanding to peak over 70% this year.
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network